By Administrator_India Capital Sands Japan’s exports plunged at a double-digit pace for the fourth month in a row in June, backing signs the coronavirus crisis has knocked the economy into its worst postwar recession and raising the spectre of a longer and more painful global downturn. U.S.-bound Japanese shipments nearly halved again due to […]
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By Administrator_India Capital Sands The Bank of Japan left its monetary stimulus untouched Wednesday, while painting a gloomier picture of the economy this year as it signalled it doesn’t see a quick recovery from the pandemic. The BOJ kept its short-term interest rate at -0.1%, its 10-year yield target around zero and left its […]
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By Administrator_India Capital Sands Japan has set aside $92 billion in emergency budget reserves to prepare for a “protracted-war” against the novel coronavirus, Finance Minister Taro Aso said on Monday, detailing some spending from the massive pool of money seen by some as opaque. Aso made the remarks as the government presented parliament with […]
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